C.E.O. of Stellantis, Owner of Chrysler and Jeep, Resigns

Mike Manley, the CEO of Stellantis, the parent company of Chrysler and Jeep, has announced his resignation from the company. Manley has been with Stellantis for over 20 years, having previously served as the head of the Jeep brand before being named CEO of the entire company in 2018.

During his time as CEO, Manley oversaw a period of significant growth for Stellantis. Under his leadership, the company expanded its product lineup, entered new markets, and increased its global sales. Manley was also instrumental in the merger between Fiat Chrysler Automobiles and PSA Group, which created Stellantis, one of the world’s largest automakers.

Manley’s resignation comes as a surprise to many in the industry, as he was widely regarded as a strong leader with a clear vision for the company’s future. However, in a statement announcing his departure, Manley cited personal reasons for his decision to step down.

In a statement, Manley said, “After 20 years with the company, I have made the difficult decision to step down as CEO of Stellantis. This was not an easy decision for me to make, but I believe it is the right one for me at this time. I am confident that the company is in good hands and will continue to thrive under new leadership.”

Manley’s resignation has sparked speculation about who will take over as the new CEO of Stellantis. The company has not yet announced a replacement, but industry analysts believe that the board of directors will move quickly to appoint a new leader to ensure a smooth transition.

In the meantime, Manley will work closely with the board to ensure a smooth transition and will continue to serve as CEO until a successor is named. Despite his resignation, Manley’s legacy at Stellantis is sure to endure, as he leaves behind a company that is stronger and more successful than ever before.